Ah ......... Many thanks to
Ah ......... Many thanks to you both - I get it now.
Thanks Peter, I would phone them but it's Sunday. Just thought one of you knowledgable and helpful people on this forum might know, so I don't have to wait till tomorrow.
Name and Pay?
Thanks Paul, but I did follow the link and at the bottom of the page in the Declaration section there is a box to complete that says "Full name of person completing this form:". My query is; should I put in my name as the person completing the form or the client's name as the person applying for registration. However, I have submitted a 64-8 but have not had a reply yet, hence my need to complete an SA1. But if I put my name as the completer and this is not the applicants name, are HMRC likely to proceed with the registration.
As regards the online payment. If I know which bank account to pay to (sort code & account number), my client should be able to make an online payment with their NINO as the reference. Once the UTR is issued we can give HMRC the details and they will be able to match the payment to the taxpayer. However, before I advise my clients - do any of you have real world experience of doing that and has it worked?
Name of submitter
On the online email form what name should be put in the box that says " Full name of person completing this form:". The client's name or the agents name?
Regards the payment. Are you suggesting that the client sends a cheque? Is it possible to pay Online and, if so, which HMRC bank account should be used.
I'm truly shocked at Susan's attitude. If one of my clients overpays me I tell them immediately and repay it or hold in on account if they prefer. My relationship with them is not to screw the last penny out of them, but to help them with their business and hopefully build long and mutually beneficial relationships. I want to like my clients and I can't just look at them as cash machines. What a sad sad attitude.
Checking that they have no other job should only go so far as to getting them to confirm that this is the case. They could sign a form, lets call it a p46 perhaps for want of a better name. The employer doesn't have to be any more active than that.
The payments are not out of company assets. They are out of the pockets of the two part time (unpaid at present) director/shareholders. I agree it makes no sense, especially as one is a higher rate taxpayer. It's just the way they have suggested they want to organise it. I wanted to check that the payments would be taxable (they assumed they wouldn't be) before I suggested other more tax efficient ways to reward the full time working director. Many thanks for the help.
No, they are completely unrelated/unconnected except that they want to set up in business together.
What's your web address then?
We're ICAEW auditors based in London on the Citry fringe. Based soley on the information above (which may of course be incomplete) I can't see that we would quote more than £12k plus vat.